Answer the following question based on the information given below.A d...
Consider the total drug production (in thousands) for each quarter.
Jan-Feb-Mar = 18 + 20 + 15 = 53; Apr-May-Jun = 17 + 19 + 15 = 51; Jul-Aug-Sep = 13 + 15 + 16 = 44; Oct-Nov-Dec = 19 + 18 + 15 = 52
The average monthly production for any drug type will be the weighted average of the total drug production.
For Pain Killers, total production = (27% of 53) + (45% of 51) + (34% of 44) + (31 % of 52)
= 14.31 + 22.95 + 14.96 + 16.12 = 68.34
Average monthly production of pain killers (in thousands)
= 68.34/12 = 5.695
Similarly, for Antibiotics, total production = (28% of 53) + (25% of 51) + (14% of 44) + (21 % of 52)
= 14.84 + 12.75 + 6.16 + 10.92 = 44.67
Average monthly production of antibiotics (in thousands) = 44.67/12 = 3.7225
For Vitamins, total production = (23% of 53) + (16% of 51) + (25% of 44) + (23% of 52)
= 12.19 + 8.16+ 11 + 11.96 = 43.31
Average monthly production of vitamins (in thousands) = 43.31/12 = 3.609
For Probiotic Capsules, total production = (22% of 53) + (14% of 51) + (27% of 44) + (25% of 52)
= 11.66 + 7.14 + 11.88 + 13 = 43.68
Average monthly production of probiotic capsules (in thousands) = 43.68/12 = 3.64
Thus, the least per month average production is for vitamins.
Hence, option 3.